Solar Panel Cost Guide in West Milwaukee, WI (2024 Update)
- West Milwaukee Solar Installation Cost: $18,650
- 25-Year Savings: $28,276
- Payback Period: 11.4 Years
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Average Cost of Solar Panels in West Milwaukee
We break down average solar pricing in West Milwaukee.
While the national average of solar panels is $2.66 per watt, solar panels in West Milwaukee typically cost about 4.To cover the typical energy usage of the average home in West Milwaukee, most homeowners require a 6.9-kilowatt system. Using the per-watt figure above, a solar installation costs around $18,650, or $26,670 before the federal solar tax credit of 0 is applied.
Bear in mind that the figures above are only estimates based on the average West Milwaukee homeowner. The cost of a solar system for your home may be different depending on factors unique to your situation, like your household energy use and solar contractor.With average savings of about $23,000 on energy bills over 20 years, many homeowners in West Milwaukee find going solar has a decent ROI.
To receive a free quote from a highly rated solar company in West Milwaukee, you can click the button below.
Solar savings over time in West Milwaukee
Year | Return on Investment |
---|---|
1 years | $-17,354 |
3 years | $-14,763 |
5 years | $-12,172 |
7 years | $-9,581 |
9 years | $-6,990 |
11 years | $-4,399 |
13 years | $-1,808 |
15 years | $783 |
17 years | $3,374 |
19 years | $5,965 |
21 years | $8,556 |
23 years | $11,147 |
25 years | $13,738 |
Top Solar Installers in West Milwaukee
Trying to install solar panels by yourself can be a difficult task, which is why hiring a solar installation company is a good option for many homeowners. Also, companies with a high reputation that cost more upfront could actually save you money in the long term due to their warranties, repair services and expert design.
Working with a vetted solar installer can help you make the most of your investment in solar. Here are our recommendations:
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
See all of the solar companies in West Milwaukee
Factors that Affect Solar Panel Costs in West Milwaukee
For many West Milwaukee homeowners, the decision to go solar rests on cost. However, the range of solar installation costs can be quite wide in West Milwaukee, with typical prices between $20,000 to $40,000. There are several factors that greatly influence the price you’ll pay, which we'll go over below.
Solar Equipment
The cost of solar panels varies by thousands of dollars due to a variety of factors. One of the key factors is the system size, which is measured in kilowatts (kW). Solar power systems that have better efficiency or power production use better technology and/or more equipment, both of which can raise costs. For each additional kilowatt you need, your cost can go up by about $3,880.The model of solar panels and equipment you get is another factor that will substantially affect costs. Solar panels that are more efficient, like monocrystalline panels, tend to cost more. Furthermore, solar equipment goes beyond just the solar panels themselves. You’ll also need to decide on the kind of racks used to mount the panels, inverters, solar batteries, etc. It’s important to take all of this into consideration when looking for a solar system that’s in your budget.
Solar Financing Terms
If paying for solar panels out of pocket is out of reach, solar loans are a solid route because they reduce your upfront costs and allow you to pay for your system over a term of, on average, between five and seven years.You’ll have to consider the long-term cost of financing options, including the total interest you’ll pay over the length of the loan. If you’re only able to get a high-interest loan, then your total can be hundreds or even thousands of dollars above the equipment and labor cost. Making a larger down payment or getting a solar loan with a low APR could reduce your costs significantly.
Solar Panel Installation Company
The solar panel installation company you pick will play a role in your total cost to adopt solar energy. Different companies will charge different amounts for the equipment and labor.Some companies only sell products with high efficiency and therefore a higher price point — like Maxeon solar panels from SunPower or Tesla Powerwall batteries — so choosing those installers will generally cost more. It’s best to do some research and choose a company that offers the products, warranties and services you’re looking for and also fit into your budget.
Solar Panel Cost Data by System Size
System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
---|---|---|---|---|
6 kW | $4.04 | $16,948 | $18,679 | 11.9 years |
8 kW | $3.96 | $22,163 | $25,340 | 11.7 years |
10 kW | $3.88 | $27,160 | $32,219 | 11.4 years |
12 kW | $3.80 | $31,940 | $39,314 | 11.2 years |
14 kW | $3.72 | $36,503 | $46,627 | 11.0 years |
16 kW | $3.65 | $40,849 | $54,157 | 10.7 years |
18 kW | $3.57 | $44,977 | $61,905 | 10.5 years |
20 kW | $3.49 | $48,888 | $69,870 | 10.3 years |
How to Save on Solar Panels
The company that does your solar system installation will affect the warranties and brands available to you, and it will also have an impact on your total cost. Because picking a company can be a tough decision, we have some tips to help you, such as:
- Solar Panel Brands: Homeowners will have different preferences for panels based on their locations and energy needs. While there are many options for which type of solar panel you can get, not every company will have access to the exact one you may want or need, so be sure to ask for their list of options before making your decision.
- Installation Process: One of the most important things to understand when going solar is the installation process itself. Be sure to align on any details you need to know with your solar company, such as what permits you should acquire and how long the project will take.
- Warranty: If you’re worried about the longevity of your solar panel system, ensuring your company offers a 25-year, all-inclusive warranty can help put you at ease.
- Reputation: Make sure your solar panel installer has a good reputation by confirming it has certifications and licenses, checking how long it's been in business and reading reviews by past customers and solar experts like the EcoWatch team.
Best for Leasing
Sunrun
- Expansive service area
- Many financing options
- Some reported issues with customer service
- Some reported issues with door-to-door sales
Best Technology
Tesla Energy
- Price-match guarantee
- Sleek, efficient, and durable solar panels
- Best solar battery on the market
- Some reported issues with customer service
- Customer service varies by local dealer
EcoWatch's West Milwaukee, WI Solar Cost FAQs
How much does it cost to install solar panels in West Milwaukee?
The average cost of solar panels in West Milwaukee is about $19,400 for a 5-kW system and $38,800 for a 10-kW system before the ITC, but the real cost will depend on things like the kind of solar panels you want, what size system you need and how much energy you consume.
Are solar panels free in West Milwaukee?
You can’t get solar panels for free in West Milwaukee. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you’d rather own your solar panels, you can finance them with a solar loan.
How much can I save on power bills after switching to solar?
Solar panels can potentially eliminate your electricity bills depending on where you’re located and how much sunlight your home gets. Even if it doesn’t get rid of them completely, you can save a lot of money on your bills, about $1,187.58 per year.
How many solar panels do I need to power my home?
To figure out what solar panel system size you need, you should find out how much energy your home requires and how much sunlight your home gets. For a general estimate, however, since each panel can generally produce about 250 to 400 watt-hours per hour, the average house will need 20 to 35 panels.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.